The accompanying table shows a portion of the annual returns (in %) for a technology mutual fund and an energy mutual fund from 1982 through 2018. Year Technology Energy 1982 55.81 -12.06 1983 52.22 20.07 T 1 2018 -9.37 -24.20 pictureClick here for the Excel Data File a. Which fund had the higher reward over this time period? Technology since it has the higher b. Which fund was riskier over this time period? Technology since it has the higher mean standard deviation c-1. Given a risk-free rate of 2%, calculate the Sharpe ratio for each fund? What does this ratio imply. (Round intermediate calculations to at least 4 decimal places and final answers to 2 decimal places.) Sharpe ratio for Technology Sharpe ratio for Energy c-2. Over this time period, the Sharpe ratio implies that the: Technology fund had a higher reward per unit of risk. O Energy fund had a higher reward per unit of risk. O Technology fund had the higher relative dispersion. O Energy fund had the lower relative dispersion. 1 A Year B fx Technology C Energy 2 1982 55.81 -12.06 1983 52.22 20.07 1984. -17.40 2.69 5 1985 8.10 18.40 1986 -7.06 5.50 1987 -11.84 -1.58 8 1988 -2.20 15.31 1989 17.31 42.74 10 1990 10.67 4.79 11 1991 58.67 0.15 12 1992 9.26 -2.45 13 1993 29.22 19.61 14 1994 11.64 0.83 15 1995 43.77 21.34 16 1996 15.58 32.85 17 1997 10.81 10.00 18 1998 73.77 -14.15 19 1999 131.71 34.61 20 2000 -32.48 31.43 21 2001 -31.76 -12.61 22 2002 -37.51 -12.16 23 2003 59.82 22.46 24 2004 0.61 31.88 25 2005 4.22 52.26 26 2006 8.02 14.74 27 2007 19.33 46.28 28 2008 -50.40 -54.29 29 2009 90.85 47.13 30 2010 27.26 18.96 31 2011 -9.79 -5.33 32 2012 16.93 5.30 33 2013 32.32 23.88 34 2014 10.13 -13.15 35 2015 7.18 -20.69 36 2016 12.11 33.69 37 2017 50.43 -3.14 38 2018 -9.37 -24.20 D E LL F